Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Johnson Controls-NTU, manufacturer of car seats and backrests, based in Slovenj Gradec in Northern Slovenia, is to cut 100 jobs. The company, which currently employs 700 people, cited decreased demand due to recent recession trends as the reason for the restructuring which will take place over the next couple of months. Johnson Controls-NTU is a subsidiary of US based multinational Johnson Controls.
The latest information from 2009-02-11 says that the number of employees at the moment is 640, meaning that already 60 people were laid off and that another 130 will lose jobs in the next two months. Thus, the number of employees at mid April is expected to be 510.
Eurofound (2008), Johnson Controls-NTU, Internal restructuring in Slovenia, factsheet number 67382, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67382.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
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Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
